SMM January 24 News: According to reports, from January 18 to January 24, 2025, the weekly comprehensive operating rate of lead-acid battery enterprises in five provinces monitored by SMM was 52.62%, a significant decrease of 19.65 percentage points WoW. As the Chinese New Year approaches, this week marked the last week before the holiday. With an increasing number of migrant workers returning to their hometowns, lead-acid battery enterprises entered a relatively concentrated holiday period, with most companies starting their holidays during the Little New Year period in both northern and southern regions (January 22-23). By type, electric bicycle battery enterprises were among the earliest to start their holidays, with some beginning as early as January 15. Automotive and ESS battery enterprises started their holidays relatively later, with export-oriented enterprises beginning earlier than those focused on domestic sales. Subsequently, the last batch of enterprises will begin their holidays from January 25 to 28, and the lead-acid battery market will fully enter the Chinese New Year mode, with the weekly operating rate of enterprises expected to decline further.

SMM1 January 16 News: The replacement demand in the electric bicycle battery market is moderate. With Chinese New Year approaching, long-distance logistics have started to suspend operations. Dealers have generally completed pre-holiday inventory stocking, and subsequent sales will mainly focus on depleting inventory. Additionally, there have been no significant changes in the wholesale selling price of batteries, with the main model 48V12Ah priced at 310-330 yuan per set. 》Subscribe to view SMM historical spot metal prices

[SMM Analysis: Lead Prices Fluctuate Downward, How Will Inventory Buildup Expectations Change Amid Weakening Pre-Holiday Consumption?] After Christmas, lead futures entered a downward fluctuation trend. Overnight, the most-traded SHFE lead 2502 contract hit a nearly one-month low of 16,305 yuan/mt before briefly bottoming out. Although primary lead supply decreased in some regions and secondary refined lead production in January recovered slowly, downstream consumption also weakened simultaneously. Some market traders expressed concerns about the expected inventory buildup of refined lead before and after the Chinese New Year holiday.

SMM1 January 3 News: The replacement demand in the electric bicycle battery market is moderate, and dealers are relatively cautious in their pre-holiday purchases. Currently, some dealers' inventory is approximately half a month. Considering the suspension of logistics during the Chinese New Year, restocking is still expected. Additionally, the main model 48V20Ah is wholesaled at 410-440 yuan per set. 》Subscribe to View SMM Historical Metal Spot Prices

According to the survey, in August, the consumption in the electric bicycle and automotive lead-acid battery markets did not show significant changes.

[Sodium battery two-wheelers: Yadea sodium-ion electric patrol cars enter Sun Yat-sen University] Yadea donated sodium-ion electric patrol cars to Sun Yat-sen University to explore new directions for battery management. Units participating in the signing ceremony included the Security Department of Sun Yat-sen University, Guangzhou Market Supervision and Administration Bureau, Guangzhou Electric Bicycle Industry Association, Yadea Technology Group, and Shenzhen Changsheng Taifu Technology Co., Ltd. At the ceremony, Yadea Technology Group demonstrated a series of sodium battery innovative technology products, including sodium-ion electric patrol cars, sodium-ion battery packs, and intelligent battery swapping equipment. In addition, Yadea also demonstrated the campus management system for electric bicycles and the cloud management of battery health status, and conducted on-site electric bicycle battery swapping operations.